Michigan Chamber of Commerce issued the following announcement on June 24.
We've got good news for you! The U.S. Small Business Administration reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program portal to all eligible applicants experiencing economic impacts due to COVID-19. Small businesses and non-profits may request an EIDL Advance of up to $10,000 as a part of their loan application with long repayment terms, up to a maximum of 30 years. The SBA is also assisting small businesses and non-profits with access to the federal forgivable loan program, the Paycheck Protection Program, which is currently accepting applications until June 30, 2020. Don't miss out on this amazing opportunity to keep your business thriving!
FOR MORE INFORMATION AND TO APPLY: https://lnkd.in/gCiKXvT
#smallbusinesses #paycheckprotectionprogram #sba #smallbusinessadministration #eidl #loan
Original source can be found here.
Source: Michigan Chamber of Commerce
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